Hairdressing Salon in West Sussex For Sale

Situated in a court yard, delightful location which is both popular and busy, West Sussex.

Turnover £ 5,750
Price £135,000

Features

Hairdressing Salon Specialising In The Use of Natural Products

6 DAYS OPENING

DOUBLE FRONTED PREMISES - Laminate wood flooring, suspended ceiling with spot light.

Reception area with desk, touch screen cash register, computer and telephone.

Product display staging.

Colour and mixing area.

10 full equipped cutting stations.

3 Back basins.

Customer cloakroom with toilet and wash hand basin.

Fitted kitchen / staff rest are. Fitted cupboards,fridge, sink, tumble dryer, washing machine, kettle, breakfast bar and stalls.

Office.

Turnover

It is in the midst of a thriving catchment area with a very good opportunity to increase trade. WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. - £6,000 pw

Staff

The business is at present operated by the 3 directors with the assistance of 5 full time and 5 part time staff.

We are informed the wage bill averages £2,750 p.w. approx.

Trading Hours

6 Day week
MONDAY 8 am - 4.30 pm
TUESDAY 9 am - 8 pm
WEDNESDAY 8 am - 4.30 pm
THURSDAY 9 am - 8 pm
FRIDAY 9 am - 5 pm
SATURDAY 8am - 3pm
NO SUNDAY TRADING

Outside

Dedicated parking space in adjacent car park.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2014 with reviews every 5 years (next review 2029) at a current rent of £11,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 67,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote